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PM Modi's stubbornness creates conflict in country's economic system: Ex Mah CM

Kolhapur, Nov 14 (UNI) Former chief minister of Maharashtra and senior Congress leader Prithviraj Chavan on Wednesday slammed the BJP-led central government alleging that the stubbornness of Prime Minister Narendra Modi is creating conflict in country's economic system.
Addressing a news conference here, he cited the instance of the demand of the central government for Rs 3.50 lakh crore from the Reserve Bank of India (RBI) to make up for the financial loss caused to different public sector banks in the country due to scams allegedly committed by fugitive diamond merchant Nirav Modi and liquor baron Vijay Mallya.
He claimed that the failure of the central government to control economy along with the bad debts worth about Rs 11 to 12 lakh crore of various banks ballooned the financial loss and hence, the government demanded Rs 3.50 lakh crore from RBI, he pointed.
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